CSL Total Risk Alpha vs. Maximum Drawdown
| CSL Stock | | | 140.66 -0.37 -0.26% |
Reference data associated with the this indicator technical indicator for CSL. Values may reflect normalized price or volume observations.
CSL has current Total Risk Alpha of
-0.30. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.30 | |
| ER[a] | = | Expected return on investing in CSL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CSL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CSL Total Risk Alpha Peers Comparison
CSL Total Risk Alpha Relative To Other Indicators
CSL is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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